Global-e Announces Board Authorization of $200 Million Share Repurchase Program
1. GLBE announces a $200 million share repurchase program. 2. This is the first-ever stock repurchase program for Global-e. 3. The program reflects confidence in cash flow and shareholder value. 4. Repurchases will be funded by current cash and operational cash flow. 5. Stock repurchases may enhance demand and uplift share prices.